Market exchange rates in China -- Nov. 17

Market exchange rates in China — Nov. 17

BEIJING, Nov. 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 657.62

Euro 100 779.88

Japanese yen 100 6.291

Hong Kong dollar 100 84.818

British pound 100 869.57

Australian dollar 100 481.40

New Zealand dollar 100 454.26

Singapore dollar 100 488.92

Swiss franc 100 720.80

Canadian dollar 100 503.01

Malaysian ringgit 62.524 100

Ruble 1,158.95 100

Rand 232.88 100

Korean won 16,844 100

UAE dirham 55.857 100

Saudi riyal 57.037 100

Hungarian forint 4,606.15 100

Polish zloty 57.306 100

Danish krone 95.48 100

Swedish krona 131.01 100

Norwegian krone 137.73 100

Turkish lira 117.107 100

Mexican peso 308.08 100

Thai baht 458.92 100

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.

The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.

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